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Ascopiave SpA (Ascopiave SpA) Cyclically Adjusted Price-to-FCF : 34.43 (As of Jun. 09, 2024)


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What is Ascopiave SpA Cyclically Adjusted Price-to-FCF?

As of today (2024-06-09), Ascopiave SpA's current share price is $4.82. Ascopiave SpA's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.14. Ascopiave SpA's Cyclically Adjusted Price-to-FCF for today is 34.43.

The historical rank and industry rank for Ascopiave SpA's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

ASCOF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 14.85   Med: 28.96   Max: 53.5
Current: 33.24

During the past years, Ascopiave SpA's highest Cyclically Adjusted Price-to-FCF was 53.50. The lowest was 14.85. And the median was 28.96.

ASCOF's Cyclically Adjusted Price-to-FCF is ranked worse than
71.13% of 239 companies
in the Utilities - Regulated industry
Industry Median: 16.73 vs ASCOF: 33.24

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Ascopiave SpA's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $-0.112. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $0.14 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ascopiave SpA Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Ascopiave SpA's Cyclically Adjusted Price-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ascopiave SpA Cyclically Adjusted Price-to-FCF Chart

Ascopiave SpA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.00 33.71 24.39 14.84 23.32

Ascopiave SpA Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.33 29.49 29.27 23.32 34.33

Competitive Comparison of Ascopiave SpA's Cyclically Adjusted Price-to-FCF

For the Utilities - Regulated Gas subindustry, Ascopiave SpA's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ascopiave SpA's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Ascopiave SpA's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Ascopiave SpA's Cyclically Adjusted Price-to-FCF falls into.



Ascopiave SpA Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Ascopiave SpA's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=4.82/0.14
=34.43

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Ascopiave SpA's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Ascopiave SpA's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.112/120.2000*120.2000
=-0.112

Current CPI (Mar. 2024) = 120.2000.

Ascopiave SpA Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.166 100.093 0.199
201409 -0.112 99.814 -0.135
201412 -0.032 99.721 -0.039
201503 0.080 99.814 0.096
201506 0.263 100.279 0.315
201509 -0.020 100.000 -0.024
201512 -0.085 99.814 -0.102
201603 0.216 99.600 0.261
201606 0.272 99.900 0.327
201609 -0.083 100.100 -0.100
201612 -0.154 100.300 -0.185
201703 0.184 101.000 0.219
201706 0.203 101.100 0.241
201709 -0.114 101.200 -0.135
201712 -0.162 101.200 -0.192
201803 0.357 101.800 0.422
201806 0.167 102.400 0.196
201809 -0.132 102.600 -0.155
201812 -0.167 102.300 -0.196
201903 0.275 102.800 0.322
201906 0.076 103.100 0.089
201909 -0.019 102.900 -0.022
201912 -0.416 102.800 -0.486
202003 0.138 102.900 0.161
202006 -0.094 102.900 -0.110
202009 -0.099 102.300 -0.116
202012 0.233 102.600 0.273
202103 0.235 103.700 0.272
202106 -0.041 104.200 -0.047
202109 -0.088 104.900 -0.101
202112 0.057 106.600 0.064
202203 0.080 110.400 0.087
202206 -0.065 112.500 -0.069
202209 -0.093 114.200 -0.098
202212 0.141 119.000 0.142
202303 -0.022 118.800 -0.022
202306 -0.361 119.700 -0.363
202309 -0.122 120.300 -0.122
202312 0.106 119.700 0.106
202403 -0.112 120.200 -0.112

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Ascopiave SpA  (OTCPK:ASCOF) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Ascopiave SpA Cyclically Adjusted Price-to-FCF Related Terms

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Ascopiave SpA (Ascopiave SpA) Business Description

Traded in Other Exchanges
Address
Via Verizzo, 1030, Pieve di Soligo, Treviso, ITA, I-31053
Ascopiave SpA is an Italy-based company engaged in the utility sector. The company is primarily active in the distribution and sale of natural gas. Its business segments include Gas distribution, Renewable energies, and Others. The other segments include the cogeneration and heat supply activity and the parent company. The company is also involved in the sale of electric power, heat management, co-generation, and generation of electricity from photovoltaic plants. It generates maximum revenue from the Gas distribution segment.

Ascopiave SpA (Ascopiave SpA) Headlines

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